Walter Schreiner Jr., a partner in the famed YO Ranch in Kerr County, has been placed on two years deferred adjudication probation after admitting to stealing sheep from an elderly woman in Burnet County last year.

After his arrest in April and release on $25,000 bail, Schreiner initially claimed he didn't know the $3,500 check had bounced that he wrote in June 2012 for 45 sheep. He later confirmed the seller had contacted him to demand payment.

He was indicted Feb. 5 by a Burnet County grand jury of a third degree felony charge of theft of livestock by check, to which Schreiner pleaded guilty on Friday in Burnet, said District Attorney Sonny McAfee.

McAfee said Schreiner, 59, agreed to make restitution under the plea deal approved by state District Judge Dan Mills.

“I'm just glad the people have their money,” McAfee said.

No conviction will result if Schreiner, of Ingram, successfully completes the probation. He declined comment Monday.

While the priority was to recover the money owed the 70-year-old victim, her daughter Beverly Hans, said, “I don't see how it's right for him to do something unlawful and not get some punishment for it.”